Blog Feed: Forex Trading

Com Bloc Dominates Friday’s Docket, New Zealand Dollar Tops Event Risk Next Week

Published on 2009-03-22 00:22:00

The global economic docket was very light today; but there was still a top market mover for the day: Canadian retail sales. It is hard to forget the massive 5.4 percent drop in the December consumption report last month. After such an aggressive decl > read more

Euro, British Pound Lose Momentum Despite Improved Cooperation On Financial Aid

Published on 2009-03-22 00:18:00

Both the euro and the British pound pulled back through the early morning hours of the US session. However, this retracement wasn’t significant enough to put the massive rallies the two currencies enjoyed over the past two weeks in jeopardy. News o > read more

Foreign Exchange Market Daily Update

Published on 2009-03-22 00:15:00

The US dollar rally seen yesterday and overnight came to an end as European shares rose and US stock market futures dampened the dollar sentiment. The dollar weakening against a basket of currencies was capped after data showed China's exports in Feb > read more

Korean Won Rises as Asian Stocks Gain

Published on 2009-03-19 05:06:00

The South Korean won rose for the third day against the U.S. dollar today as some Asian stock markets showed the growth and the high-yielding currencies were favored by the traders. The majority of the most-traded Asian currencies (except the Japanes > read more

The yen declined for the third day in a row against the dollar, the euro and the pound today as the Bank of Japan decided to buy the government debt a

Published on 2009-03-19 05:05:00

The yen declined for the third day in a row against the dollar, the euro and the pound today as the Bank of Japan decided to buy the government debt and the stock markets rose during the Asian trading session. The G20 meeting resulted in a pledge to > read more

Pound Declines before Employment Report

Published on 2009-03-19 05:04:00

The Great Britain pound declined against the other major currencies today on speculations that the employment report that is scheduled for the release today will show that the situation with labor market is worsening. Despite the continued gains on t > read more

Euro Declines in Correction Following Rally

Published on 2009-03-19 05:03:00

The euro fell against the dollar and the yen today following the yesterday’s unprecedented rally as the market participant speculate that ECB will have to follow Fed’s money-printing trend. The European currency rallied yesterday against the U.S. > read more

FOREX SIGNALS

Published on 2009-03-19 05:01:00

Whether you are a beginner or a seasoned trader, we have a service to fit your needs. Do you have a hard time understanding when to get in the market, or is your exit points that need help? There are hundreds of forex signals services on the market, > read more

Forex News Trader

Published on 2009-03-19 04:59:00

Forex News Trader was developed to give traders the edge they need to learn how to trade based on economic news events from around the world. The same edge the institutions use to make hundreds of millions and even billions of dollars in profit each > read more

China's Forex Reserves Drop $30bn In January

Published on 2009-03-19 04:58:00

BEIJING: China's foreign exchange reserves, the world's largest, fell by about $30bn in January, partially due to a drop in the value of non-dollar assets, Chinese media reported Wednesday. The report in the China Business News, which cited an unname > read more